NAV nudges up at St Modwen

Mark Allan

St Modwen has posted a 1% rise in net asset value (NAV) per share for the first six months of its financial year.

The group revealed NAV per share nudged up to 455.4p during the half year to 31 May, but pre-tax profit dropped to £25.9m from £31.6m at the same point last year.

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